Eagle Materials beats revenue view but misses on earnings

Stifel raised Eagle Materials' (EXP) price target to $211, citing strong cash flow outlook, but kept a Hold rating. Q2 2027 revenue beat expectations at $652.7M, but EPS missed at $3.63 due to higher costs. EXP expects cement pricing gains in 2027 to offset cost pressures. Analysts note mixed performance with strong revenue but cost challenges.

Eagle Materials (EXP) announced cement and aggregates price increases for 2027, with diesel and freight costs driving up expenses. Light materials revenue rose 2% to $216M, but operating earnings fell 13% due to lower wallboard prices. The company expects plant modernizations to improve margins by late 2028, with capital spending peaking this fiscal year. EXP maintains a strong cash position and is exploring acquisitions in aggregates.

Stephens raised Eagle Materials' (EXP) price target to $200 from $190, citing Q2 2027 sales beat driven by volume growth in cement and wallboard. Despite higher costs, revenue hit $652.7M, beating estimates, but EPS missed at $3.63. EXP trades at $189.24 with a P/E of 14.84. Analysts note strong execution but caution on broader market uncertainty.

Eagle Materials (EXP) reported Q2 2027 revenue of $653M, up 2% YoY, driven by record cement and wallboard sales. EPS fell 14% due to higher transportation costs. The company is modernizing its Mountain Cement and Duke Wallboard plants, expecting cost savings by late 2028. Despite near-term challenges, EXP anticipates long-term growth in cement and aggregates due to infrastructure and data center activity.

Eagle Materials reported Q2 FY2027 revenue of $653M, up 2% YoY, but EPS fell 14% to $3.63 due to higher diesel and freight costs. The company highlighted record cement sales and progress on capital projects. Stock is up 4.77% to $201.95, with long-term strategic positioning noted.

Eagle Materials reported Q2 2027 revenue of $652.7M, up from prior year, with net earnings of $111.5M and EPS of $3.63. Cement and gypsum sales volumes set records, while higher costs and mixed demand impacted results. Infrastructure spending supported heavy materials demand, but residential construction faced pressure.